The difference between federal, provincial and local economic development: A primer

If a national government wants to grow and strengthen its economy, it would like to foster:
-More international exports (or import substitution where beneficial)
-More capital investment
-More international tourists
-National population growth
-Innovation and productivity gains

If a provincial government wants to grow and strengthen its economy, it would like to foster:
-More international and interprovincial exports (or import substitution where beneficial)
-More capital investment
-More international and interprovincial tourists
-Provincial population growth – from natural gains, or migration from other provinces or internationally
-Innovation and productivity gains

If a local government wants to grow and strengthen its economy, it would like to foster:
-More local services – particularly import substitution and services that attract people from outside the community
-More international, interprovincial and intraprovincial exports (or import substitution where beneficial)
-More capital investment
-More international, interprovincial and intraprovincial tourists
-Local population growth – from natural gains, or migration from other parts of the province, other provinces or internationally
-Innovation and productivity gains